How James Bought 6 Cash-Flowing Small Businesses ($12,000,000 Rev) Within 12 Months w/ James Richardson
Action Academy | Millionaire Mentorship For Your Life & Business
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Analyzing Business Numbers and Avoiding Turnaround Ventures
The speaker discusses the key factors they consider when analyzing the numbers of a business, emphasizing the significance of a positive net income of at least 10% and the industry-dependent gross margin. They also highlight their aversion to purchasing a turnaround business as their initial venture due to the inherent risks involved.
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